{"id":1176,"date":"2008-10-04T07:09:32","date_gmt":"2008-10-04T14:09:32","guid":{"rendered":"http:\/\/eaf.net\/mvp\/?p=1176"},"modified":"2008-10-04T07:28:40","modified_gmt":"2008-10-04T14:28:40","slug":"bailout-arrows","status":"publish","type":"post","link":"https:\/\/www.eaf.net\/mvp\/2008\/bailout-arrows\/","title":{"rendered":"Bailout Arrows"},"content":{"rendered":"<p>Whether or not you&#8217;re for the huge bailout that went into law yesterday, I suppose you should know this:<\/p>\n<table width=75% align=center bgcolor=pink border=1 cellspacing=0 cellpadding=5>\n<tr>\n<td><a href=\"http:\/\/www.oregonlive.com\/news\/index.ssf\/2008\/10\/an_oregon_arrow_maker_suffers.html\">An Oregon arrow maker suffers slings of outrage<\/a><\/p>\n<p>An Oregon company selling a 30-cent shaft for children&#8217;s arrows became a bull&#8217;s-eye for critics of congressional pork nationwide Friday, when lawmakers eliminated an arcane tax as part of their $700 billion bailout of Wall Street.<\/p>\n<p>[&#8230;]<\/p>\n<p>The critics gathered force, and the tiny company based in southern Oregon&#8217;s Myrtle Point found itself the surprising flash point for public venting against a bailout package with costs too vast for most citizens to grasp.<\/p>\n<p>[&#8230;]<\/p>\n<p>As of Friday, Dishion received more than 100 phone calls, 40 e-mails and hate mail from people across the country, not to mention phone calls from the BBC and mentions on the Bill O&#8217;Reilly talk show.<\/p>\n<p>[&#8230;]<\/p>\n<p>The flap reveals the misinformation circulating about what the 43-cent tax repeal is really about, according to Jay McAninch, president of the Archery Trade Association.<\/p>\n<p>[&#8230;]<\/p>\n<p>The tax became a problem for Rose City and a handful of other companies in 2004, when lawmakers, while trying to correct another problem with the arrow tax, changed a 12 percent tax on all arrows to a flat 43-cent tax on arrow shafts. The tax, which got tacked on to every arrow shaft, goes to fund educational programs put on by the U.S. Fish and Wildlife Service.<\/p>\n<p>[&#8230;]<\/p>\n<p>Rose City Archery&#8217;s wooden arrow shafts sell for 30 cents.<\/td>\n<\/tr>\n<\/table>\n<p>Wait a minute. How does that work?<\/p>\n<p>A 43-cent tax on a 30-cent shaft? \ud83d\ude2f<\/p>\n<p><font color=red><b>&#8220;The 43-cent tax took a huge toll on its youth archery business&#8221;<\/b><\/font> the above article goes on to say.<\/p>\n<p>No kidding.<\/p>\n<!-- AddThis Advanced Settings generic via filter on the_content --><!-- AddThis Share Buttons generic via filter on the_content -->","protected":false},"excerpt":{"rendered":"<p>Whether or not you&#8217;re for the huge bailout that went into law yesterday, I suppose you should know this: An Oregon arrow maker suffers slings of outrage An Oregon company selling a 30-cent shaft for children&#8217;s arrows became a bull&#8217;s-eye for critics of congressional pork nationwide Friday, when lawmakers eliminated an arcane tax as part &#8230; <a title=\"Bailout Arrows\" class=\"read-more\" href=\"https:\/\/www.eaf.net\/mvp\/2008\/bailout-arrows\/\" aria-label=\"More on Bailout Arrows\">Read more<\/a><!-- AddThis Advanced Settings generic via filter on get_the_excerpt --><!-- AddThis Share Buttons generic via filter on get_the_excerpt --><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false},"version":2}},"categories":[8,463],"tags":[502,24,618,649],"class_list":["post-1176","post","type-post","status-publish","format-standard","hentry","category-politics","category-thisandthat","tag-congress","tag-oregon","tag-taxes","tag-wall-street"],"jetpack_publicize_connections":[],"aioseo_notices":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/prJUJ-iY","jetpack_sharing_enabled":true,"jetpack_likes_enabled":true,"_links":{"self":[{"href":"https:\/\/www.eaf.net\/mvp\/wp-json\/wp\/v2\/posts\/1176","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.eaf.net\/mvp\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.eaf.net\/mvp\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.eaf.net\/mvp\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.eaf.net\/mvp\/wp-json\/wp\/v2\/comments?post=1176"}],"version-history":[{"count":0,"href":"https:\/\/www.eaf.net\/mvp\/wp-json\/wp\/v2\/posts\/1176\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.eaf.net\/mvp\/wp-json\/wp\/v2\/media?parent=1176"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.eaf.net\/mvp\/wp-json\/wp\/v2\/categories?post=1176"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.eaf.net\/mvp\/wp-json\/wp\/v2\/tags?post=1176"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}